Statistics on interest rates applied by monetary financial institutions (except central banks and money market funds) to deposits and loans vis-á-vis households and non-financial corporations, both for New Business and Outstanding Amounts.

Data presentation - Detailed description

Interest rates and corresponding volumes on: Deposits with MFIs from households, Deposits with MFIs from non-financial corporations, Loans granted by MFIs to households, Loans granted by MFIs to non-financial corporations.

Sources of weights: for the aggregation of interest rates within each instrument category, the respective business volumes are used as weights. To calculate an individual institution"s aggregate interest rate per instrument category, the volumes of each contract within that instrument category are used as weights.Nature of weights: weighted averages

Time period

Months from January 2003 to ongoing

Base period

No base period

Frequency of data collection

Monthly

Classification system

ESA2010

Statistical unit

For interest rates: percent per annumFor business volumes: national currency

Accounting conventions

For Oustanding amounts: stocks and interest rates observed at end of month (exceptionally period averages for implicit rates)For New business: all new agreements on interest rates, including renegotiations of existing agreements, as agreed on during the course of one month

Valuation

For Interest rates: annualized agreed rate (AAR), or narrowly defined effective rate (NDER)For Stocks: book value or volumes agreed on (in the case of new business)

STATISTICAL PROCESSING

Data validation

Verification of processing

Data revision - policy

Revisions are taken on board to improve data quality, as and when they occur.